When seasoned investors share their favorite plays on national television, it's worth paying attention to what's catching their eye and why.
On Tuesday's edition of CNBC's "Halftime Report Final Trades," Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, highlighted Amazon.com, Inc. (AMZN) as his final trade of the day.
His timing aligns with positive analyst sentiment. Jefferies analyst Brent Thill maintained a Buy rating on Amazon on Monday and pushed the price target higher from $275 to $300.
Brian Belski, CEO and chief investment officer at Humilis Investment Strategies, went with Affiliated Managers Group, Inc. (AMG) for his pick.
That choice got some backing too. Goldman Sachs analyst Alexander Blostein maintained a Buy rating on Affiliated Managers Group on Tuesday and raised the price target from $300 to $341.
Shannon Saccocia, chief investment officer of NB Private Wealth, selected the iShares US Consumer Discretionary ETF (IYC), explaining that tariffs are in the rearview mirror and consumers are engaged. It's a bet on the consumer sector regaining momentum as trade concerns fade.
Joe Terranova, senior managing director at Virtus Investment Partners, chose Uber Technologies, Inc. (UBER), which posted strong gains during Tuesday's session.
Uber had good reason to move higher. TomTom N.V. (TMOAF) and Uber announced a renewed partnership on Tuesday designed to enhance Uber's routing and location services across its global ride-hailing and delivery operations. Better navigation means better service, which matters when you're operating at Uber's scale.
